TERRASPECTRA
ActiveSummary
The computed 12-month bankruptcy probability of TERRASPECTRA is 5.6% (elevated). The 2025 annual accounts show negative equity (-€109,659) and a net result of -€30,796. Equity has been shrinking by about 33% per year since 2021. The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 29-10-2020 Normal situation
- Registered office
- 11 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.309.406.286 3500 Hasselt, since 29-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.6%
- Gross margin
- -€6,017
- Loss
- €30,796
- Equity
- -€109,659
- ▼ 39.0%
- Total assets
- €726,655
- ▼ 28.7%
- Negative equity on 31-12-2025
- 2025 accounts filed 75 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.87, cash €11, halvedLast filed accounts filed 75 days late; 2 of the last 3 accounts late1 change of registered office in 24 monthslowers riskSize: total assets €726,655Show the evidence
Checked score
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 11% of them on solvency, 2% on liquidity, 19% on profitability and 11% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 62 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved from Heusden-Zolder to HasseltNew seat: B-3500 Hasselt, Heidestraat 2 · Previous seat: L. Hoelenstraat 6- 3550 Heusden-Zolder
- · Gazette deed Incorporation
Key facts about TERRASPECTRA
- What is the company number of TERRASPECTRA?
- The company number of TERRASPECTRA is 0757.599.197. The VAT number is the same number with BE in front: BE 0757.599.197.
- Where is TERRASPECTRA based?
- The registered office is at Heidestraat 2, 3500 Hasselt.Company details
- What is the legal form of TERRASPECTRA?
- The legal form of TERRASPECTRA is Private limited company (BV).
- When was TERRASPECTRA founded?
- TERRASPECTRA was founded on 29-10-2020.
- Is TERRASPECTRA still active?
- Yes, TERRASPECTRA is an active enterprise in the KBO register.
- What is the turnover of TERRASPECTRA?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is TERRASPECTRA profitable?
- In financial year 2025, TERRASPECTRA made a loss of €30,796.
- Where can I find the annual accounts of TERRASPECTRA?
- TERRASPECTRA filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TERRASPECTRA due?
- TERRASPECTRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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